Cryptocurrency News

April, 2025

• 29 April

  Bitcoin Hits the Aisles: Spar Supermarkets Embrace Crypto in Switzerland

  

  Spar, one of Switzerland’s leading supermarket chains, has announced that it will now accept Bitcoin payments across its network of stores. This move marks a major milestone for cryptocurrency adoption in the retail sector, highlighting the growing acceptance of digital currencies in everyday transactions. According to the company, customers can now use Bitcoin to pay for their groceries and other …
• 28 April

  WLFI Founders and CZ Talk Global Standards for Crypto Adoption

  

  In a recent high-profile discussion, the founders of the World Legal Finance Initiative (WLFI) and Binance CEO Changpeng Zhao (CZ) came together to explore the future of cryptocurrency adoption and the creation of global standards to drive the industry forward. The meeting, which was held in a virtual roundtable format, focused on the critical need for unified standards to ensure …
• 28 April

  New Ethereum Proposal Promises to Skyrocket Mainnet to 2,000 TPS

  

  A new Ethereum proposal could significantly enhance the network’s performance, potentially scaling the mainnet to 2,000 transactions per second (TPS), according to a leading blockchain researcher. Ethereum has long been praised for its decentralized features and its broad adoption in the decentralized finance (DeFi) space. However, scalability has remained a challenge, with the network’s current throughput maxing out at around …
• 28 April

  Oracle Error Wreaks Havoc: Term Finance Recoups $1M After $1.6M Liquidation

  

  Term Finance, a decentralized lending platform, has managed to recover $1 million after suffering a $1.6 million loss triggered by a critical oracle error, according to an official announcement released today. The incident occurred when a malfunction in the oracle service feeding asset prices into the protocol caused incorrect valuations, leading to a series of forced liquidations. These liquidations affected …
• 28 April

  Nike Entangled in $5M Lawsuit Over Defunct NFT Initiative

  

  Nike is facing a $5 million lawsuit after the abrupt shutdown of its once-promising NFT project, highlighting the growing legal risks associated with the volatile digital collectibles market. According to court documents filed this week, a group of investors has sued Nike, alleging that the company misrepresented the long-term viability and value of NFTs sold under its now-defunct initiative. The …
• 28 April

  Bitget Sues Eight Traders Over $20M VOXEL Market Manipulation

  

  Crypto exchange Bitget has filed legal action against eight trading accounts allegedly involved in manipulating the price of VOXEL tokens, resulting in over $20 million in damages. In a statement released today, Bitget said it uncovered a coordinated effort by the accounts to artificially inflate the market for VOXEL, the native token of the gaming platform Voxies. The exchange alleges …
• 28 April

  Russian Governor Eyes Gas-Powered Fix for Bitcoin Mining Troubles

  

  A regional governor in Russia has proposed an innovative solution to revive struggling Bitcoin mining operations by harnessing excess natural gas supplies. Amid growing challenges for miners, including rising energy costs and regulatory uncertainties, the initiative seeks to turn untapped gas resources into a sustainable energy source for cryptocurrency mining. The proposal comes from the governor of Russia’s Irkutsk region, …
• 28 April

  Trump-Backed WLFI and Pakistan Crypto Council Forge Alliance to Drive Blockchain Growth

  

  In a move poised to reshape the global blockchain landscape, the Trump-backed World Legal Finance Initiative (WLFI) has signed a Letter of Intent (LOI) with the Pakistan Crypto Council to jointly promote blockchain adoption across South Asia. The strategic partnership, announced today, signals a major step forward for blockchain development initiatives in emerging markets. WLFI, known for its focus on …
• 28 April

  Nasdaq Pushes SEC for Four-Tier Crypto Rulebook, Demands Clarity

  Nasdaq, one of the largest stock exchanges in the world, has called on the U.S. Securities and Exchange Commission (SEC) to establish a comprehensive, four-tier rulebook for the cryptocurrency industry, demanding much-needed regulatory clarity for digital assets. In a recent statement, Nasdaq emphasized that the current regulatory framework for cryptocurrencies is insufficient and has created significant uncertainty for both investors …
• 28 April

  Coinbase CLO Urges SEC to Lift Prohibition on Staff Holding Cryptocurrency

  

  Coinbase CLO Urges SEC to Lift Prohibition on Staff Holding CryptocurrencyCoinbase Chief Legal Officer (CLO) Paul Grewal has called on the U.S. Securities and Exchange Commission (SEC) to lift its prohibition on agency employeholding cryptocurrencies, suggesting that the current rule could hinder the SEC’s ability to effectively regulate the growing digital asset space. In a recent statement, Grewal argued that …